Euro is trading at 1.1150

Euro is trading at 1.1150

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USDINR US dollar index is trading at 95.68 , losing some steam from the appreciating trend of the previous session but remained supported against the EURO and Pound . Economic data remained mixed but focus would be on the US nonfarm payrolls data . Projections point towards an improvement and could push the US dollar higher after the data.

 EURINR euro is trading at 1.1150 , turning weaker in yesterday’s session as economic data reported from the EU was a tad below expectations and the pair was also reflecting the strength of the US dollar . Euro continues to remain in a range bound trade and focus would be the bank of England and the US nonfarm payrolls for the rest of the week and this would decide the fate of the Euro.

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